Goldman Sachs Group Inc. (GS) Chief Executive Officer Lloyd C. Blankfein bought a seven-bedroom home in New York's Hamptons that was listed for $32.5 million, a person with knowledge of the deal said.

Blankfein, 58, took title to the property on Ocean Road in Bridgehampton in recent weeks, said the person, who asked not to be named because the transaction hasn't been made public. The person didn't disclose the price for the home, which was most recently offered for $32.5 million, according to Zillow.com.